FlexJet SPAC Presentation Deck

Asset-Efficient, De-risked Business Model backed by a Committed Customer Base (1) (2) (3) Contracted Customer Base Committed Hours / Total Revenue Hours(¹) (Breakdown as of FYE 2022E) Non- Committed hours 11% *89% of hours are committed, providing strong visibility Committed hours. 89% ► Customers typically enter 4- 5-year contracts upon fractional share purchase or fractional lease Contracts stipulate access to hours per year ► 193,000 committed hours by FYE 2022E 97% retention rate(2) of Fractional customers FLEXJET.COM + Asset-Efficient Capacity 17 As Directed Managed Aircraft 235+ Controlled fleet largely funded by fractional customers ~1,700 Certified Pool Aircraft 19 Helicopters(3) Low asset intensity and limited balance sheet risk Fractional sale customers effectively pay for new aircraft which are operated by Flexjet 8 ➤ Fractional lease customers pay lease fees to cover holding cost Committed hours defined as hours flown under Flexjet Fractional Sale and Lease programs and Sentient Jet Card programs. Non-committed hours defined as on-demand hours flown at PrivateFly and FX Air. Representative of Flexjet U.S. customers only. Consists of owned and managed fleet. + Optimized Fleet Utilization Ownership/ Lease FLexJet Jet Card / Membership SENTIENTJET On-Demand Charter FXAIR Full-suite product offering providing complete market knowledge and data Cross-utilization of fleet across offerings to match private aviation demand and optimize profitability Fleet availability and digital booking capabilities to expand market reach

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